Days Inventory is also known as Days Sales of Inventory (DSI). Acusensus's Average Total Inventories for the
six
months ended in Jun. 2024 was A$1.52 Mil. Acusensus's Cost of Goods Sold for the
six
months ended in Jun. 2024 was A$13.44 Mil.
Hence, Acusensus's Days Inventory for the
six
months ended in Jun. 2024 was 20.61.
The historical rank and industry rank for Acusensus's Days Inventory or its related term are showing as below:
ASX:ACE'
s Days Inventory Range Over the Past 10 Years
Min: 17.81 Med: 21.6 Max: 25.38
Current: 19.84
During the past 3 years, Acusensus's highest Days Inventory was 25.38. The lowest was 17.81. And the median was 21.60.
ASX:ACE's Days Inventory is ranked worse than 51.29% of 1556
companies
in the Software industry
Industry Median: 18.725
vs ASX:ACE: 19.84
Acusensus's Days Inventory
increased
from Jun. 2023 (0.00) to Jun. 2024 (20.61).
It might indicate that Acusensus's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Acusensus's Inventory Turnover for the
six
months ended in Jun. 2024 was 8.86.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Acusensus's Inventory-to-Revenue for the
six
months ended in Jun. 2024 was 0.06.
Acusensus Days Inventory Historical Data
The historical data trend for Acusensus's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Acusensus Days Inventory Chart
Acusensus Annual Data
Trend
Jun22
Jun23
Jun24
Days Inventory
-
25.38
17.81
Acusensus Semi-Annual Data
Jun23
Dec23
Jun24
Days Inventory
-
21.10
20.61
Competitive Comparison of Acusensus's Days Inventory
For the Software - Infrastructure subindustry, Acusensus's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Acusensus's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Acusensus's Days Inventory distribution charts can be found below:
* The bar in red indicates where Acusensus's Days Inventory falls into.
Acusensus Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Acusensus's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Acusensus (ASX:ACE) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Acusensus's Inventory Turnover for the
six
months ended in Jun. 2024 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Acusensus's Inventory to Revenue for the
six
months ended in Jun. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Acusensus Days Inventory Related Terms
Thank you for viewing the detailed overview of Acusensus's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Acusensus Ltd is involved in developing and commercializing intelligent traffic solutions technology. Its 'Heads-Up' solution has been designed to give authorities a tool to address distraction and other illegal driver behavior, to drive behavioral change on the road network. It also provides Data security solutions. The company's main objective is to Pioneer intelligent solutions to tackle difficult societal challenges, reduce road trauma and save lives. Geographically the company generates the majority of its revenue from Australia.
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